Cohen & Steers Closed End Opportunity Fund
FOF
36 hedge funds and large institutions have $40.6M invested in Cohen & Steers Closed End Opportunity Fund in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 9 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
1.36% less ownership
Funds ownership: 12.77% → 11.41% (-1.4%)
6% less capital invested
Capital invested by funds: $43.1M → $40.6M (-$2.57M)
16% less funds holding
Funds holding: 43 → 36 (-7)
78% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$733K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$400K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$289K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$97.8K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$76.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$1.82M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.69M |
| 3 |
ICM
Ionic Capital Management
New York
|
-$1.14M |
| 4 |
LPL Financial
San Diego,
California
|
-$717K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$281K |
FOF Hedge Fund Activity: Q2 2017 in Review
36 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Cohen & Steers Closed End Opportunity Fund (FOF) for Q2 2017, worth a combined $40.6M — down 6% from $43.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FOF and 2 opened new positions — a net loss of 7 holders — while 9 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $733K. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $1.82M sold.
- 36 institutional investors held Cohen & Steers Closed End Opportunity Fund (FOF) as of Q2 2017, down from 43 in Q1 2017.
- Funds reported $40.6M of Cohen & Steers Closed End Opportunity Fund stock for Q2 2017, down 6% quarter-over-quarter.
- 2 funds opened new Cohen & Steers Closed End Opportunity Fund positions in Q2 2017 and 9 closed out, a net change of -7 holders.
- The largest Cohen & Steers Closed End Opportunity Fund buyer in Q2 2017 was Morgan Stanley, an estimated $733K added.
- The largest Cohen & Steers Closed End Opportunity Fund seller in Q2 2017 was Independent Advisor Alliance, an estimated $1.82M sold.
Based on aggregated 13F filings for Q2 2017.